Coolrec proud partner of gold covenant
With the signing of the IRBC-covenant ‘Responsible Gold’ the Dutch gold-sector is committing itself to promoting responsible business conduct throughout the international gold supply chain. The covenant is a joint effort of a broad coalition of government, jewelers, recyclers, smelters, civil society organizations and gold smiths.
By signing the IRBC-covenant, Coolrec BV commits to working towards a responsible gold value chain by operating in conformity with the OECD Due Diligence Guidance. As part of the agreement, Coolrec BV makes the following declaration that is common to companies who have signed the IRBC covenant.
As agreed, Coolrec BV will develop a supply chain policy for gold, gold products and/or recycling in line with the OECD Due Diligence Guidance and will encourage our suppliers/purchasers to do the same.
The goal of the IRBC-covenant ‘Responsible Gold’ is to achieve a material positive impact in the international gold supply chain and reduce (any) adverse human rights impacts, negative environmental impacts, and/or illegal activities, that may be associated with the supply or recycling of gold. We share this vision and will work to achieve this goal as soon as possible. In order to do so, Coolrec BV will take the following measures:
- Develop a supply chain policy in line with Annex II of the OECD Due Diligence Guidance, make it publicly available, integrate it in our business and report on it annually
- Strengthen engagement with our suppliers/purchasers to influence them to commit to a supply chain policy consistent with the OECD Due Diligence Guidance
- Communicate annually and openly about how many of our suppliers/purchasers are working in accordance with the OECD Guidelines.